When Neal Stephenson created the word “metaverse” in 1992, he did not anticipate a digital realm that supported the physical world. Instead, it was simply an “imaginary environment” where individuals might escape the monotony of their daily lives.
In 2022, the metaverse has taken on a completely new meaning. People can now create their digital worlds that overlap with the actual world, resulting in a hybrid metaverse, thanks to advancements in blockchain technology and virtual technologies. This has ushered in a new era of creativity and cooperation, allowing individuals from all over the world to collaborate to create content and experiences that would not be feasible in the real world.
While there are certain drawbacks to this new era, such as the fact that it can be isolating, there is no doubt that it has the potential to usher in a brighter future.
The Value of a Hybrid Metaverse
Next Earth, a blockchain-based virtual duplicate of Earth, is one example of a hybrid metaverse. Virtual landowners can purchase tracts of land that precisely match the real world, from the New York Metropolitan Museum of Art to the Pyramids of Giza. They will eventually be able to develop anything they desire on their land, from residences and stores to theme parks and even towns.
According to Next Earth Founder Gábor Retfalvi, “the Metaverse will deliver a better future with decentralization, user-driven content creation, and the entire democratization of this infinitely expandable platform” in the future.
What’s important to note here is that it’s not an escape from reality but rather an extension of it. Because Next Earth emphasizes the importance of sustainability, 10% of every purchase in Next Earth is donated to environmental causes. This equates to a donation of nearly $800,000 to organizations such as The Ocean Cleanup, Amazon Watch, SEE Turtles, and Kiss the Ground.
Indeed, Retfalvi mentions Next Earth’s goal of “becoming a nonprofit organization over time, with all of its income outside of platform operations going to an environmental charity.”
This is only the start. As more individuals migrate to the metaverse, we will see an increase in the number of unique and innovative ventures. The possibilities are boundless, from virtual reality schools that allow pupils to experience diverse cultures firsthand to collaboratively-built virtual cities that are sustainable and eco-friendly.
Retfalvi hopes to accomplish the “biggest effect possible on the Metaverse and, via it, on our life and our planet,” based on his goal of developing a “project that provides more than others.”
Work in the Future
With the rise of the hybrid metaverse, the traditional workplace is beginning to appear dated. Why bother commuting to an office when you can work from anywhere on the planet? Work From the Metaverse, rather than Work From Home, will soon be the norm, thanks to advancements in telecommuting and virtual reality.
We may anticipate an increase in remote work and virtual offices in the future. This will not only be more efficient, but it will also be more environmentally friendly because people will no longer have to commute to work. People will be able to work from anywhere in the world, resulting in a more varied workforce.
According to Retfalvi, this will be possible because of “a full-scale high-quality AR/VR compatible networked, interoperable platform, where interactivity is on a level never before.” Work will never be the same again once this incredibly realistic metaverse comes.
The Play of the Future
We should expect to see an increase in metaverse games as people discover the potential of the hybrid metaverse. Metaverse gaming is rapidly expanding into an intriguing new medium, ranging from first-person shooters to multiplayer games that allow players to collaborate on projects.
What makes metaverse gaming so intriguing is that it allows players to explore places and circumstances that would not be conceivable in the actual world. A player may, for example, visit a medieval realm complete with castles and dragons, or they could travel to the future and explore a cyberpunk city.
The Societal Future
The hybrid metaverse is more than simply a place for amusement and employment. It’s also about changing our perspective on society. With the growth of social media, we have become increasingly alienated from one another. The hybrid metaverse allows us to connect with one another in new and deeper ways, fostering a sense of community that is frequently lacking in the actual world.
This sense of community is essential because it helps us to collaborate towards a common objective.
When it comes to the metaverse, Retfalvi wonderfully explains society’s long-term future: “The actual endgame is to make everybody choose this type of direction/narrative and objective at their endgame, thereby generating a truly forward-looking futuristic solution that has a real effect on our society.” In other words, the future of civilization is for users to pick their path while also contributing to the real world.
Developing a Self-Sustaining Metaverse
According to the classic metaverse notion, a centralized platform will allow users to communicate and produce content. This strategy, however, has significant flaws. For starters, it is not democratic; the platform owner determines what content is permitted and how the site operates. Second, it is not sustainable — the platform consumes a significant amount of energy and resources to operate.
Decentralizing the metaverse and allowing users to produce their content and run their servers is preferable. Because it does not necessitate a massive centralized platform, this approach is more democratic and sustainable.
Decentralization brings further advantages. It makes the metaverse more durable because it is not reliant on a single party to function. It also makes the metaverse more resistant to censorship because it is impossible to ban or remove content without the creator’s permission.
Next Earth intends to pursue these concepts to their logical conclusion, eventually creating a self-sustaining Decentralized Autonomous Organization (DAO). Users will be able to develop and distribute the material without relying on a central authority.
The hybrid metaverse is the future of life, work, and play. This exciting new environment allows us to connect with each other more deeply, fostering a sense of community that is frequently lacking in the actual world.
We may anticipate an increase in remote work and virtual workplaces and a renaissance in metaverse gaming in the future years. The hybrid metaverse will also usher in a new era of society, allowing individuals to communicate and collaborate on initiatives that would not be conceivable in the physical world.
Retfalvi’s Next Earth is prepared not just to lead the hybrid metaverse but also, as he argues, “to assist the world to become a better place.”